Thousands of semi trucks that cut across the U.S. highway system each day are harboring a secret: they’re only about half full. That inefficiency represents a multi-billion dollar opportunity. And one that a few companies like Uber Freight and Flock Freight are already chasing as part of broader business models that match truck drivers with […]
YC-backed Oway raises $4M to build a decentralized ‘Uber for freight’ Read More »
Waymo has been granted a permit to test its autonomous vehicles in New York City, the first such approval granted by the city. The company told TechCrunch it plans to start testing “immediately.” The company is allowed to deploy up to eight of its Jaguar I-Pace SUVs in Manhattan and Downtown Brooklyn through late September.
Waymo approved to start autonomous vehicle testing in New York City Read More »
Nvidia is among a group of new investors to back Nuro — which develops self-driving software for delivery and ride-hailing services — in a funding round that has reached $203 million. The Silicon Valley startup announced Thursday that several investors, including existing backer Baillie Gifford, added another $97 million to its Series E round. New
Nvidia is latest investor to back AV startup Nuro in $203M funding round Read More »
When James Cox, the former leader of Uber’s ride-share product, UberPool, left that company in 2019, the Silicon Valley giant had abandoned its autonomous vehicle development and sold off the division entirely. While UberPool had struggled to take hold, Cox felt a massive opportunity had been missed: taking the core of UberPool’s tech and applying
Zoox taps ex-UberPool exec’s startup for routing software help Read More »
Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Ford made its big EV announcement early this week — a plan to invest $2 billion to transform its Louisville Assembly Plant
TechCrunch Mobility: Ford’s big bet Read More »
Rental car startup Kyte has shut down nearly one year after slashing staff and exiting most of its cities in the United States. The company sold its customer list to Turo in July, and then turned right around and entered into a form of receivership in California, according to a notice that went out to
Kyte, which billed itself as the ‘best competitor to Hertz,’ shuts down Read More »
Rapido, a popular ride-hailing platform in India, has quietly begun beta testing its food delivery service in Bengaluru, marking its first serious move to challenge market leaders Swiggy and Zomato in one of the world’s fastest-growing delivery markets. The 10-year-old startup has started testing its food delivery service in three primary localities in the Southern
India’s Rapido begins testing food delivery to take on Swiggy, Zomato Read More »
Two months ago, Indian electric motorcycle startup Ultraviolette expanded into 10 European countries. Now, fueled with $21 million in an all-equity round led by the corporate venture arm of Japanese electronics giant TDK Corporation, Ultraviolette is putting its expansion plans into overdrive. The nine-year-old startup plans to grow its European footprint fourfold, enter other motorcycle-driven
TDK backs Ultraviolette with $21M to take India-made electric motorcycles global Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I took a tour through a few 10Q reports this week to get a sense of how EV makers like Rivian and Lucid
TechCrunch Mobility: The triple punch headed for automakers Read More »
Revel has shut down its ride-hailing service in New York City, in yet another pivot for the company that started out by renting electric scooters in 2019. Moving forward, Revel will instead focus on its nascent EV charging business, which includes operating five stations in New York and one in San Francisco. A visit to
Revel shuts down its ride-hail business to focus on EV charging Read More »
